Is Freeland, PA 18224 a buyer’s or seller’s market?
Freeland is a seller’s market. With about 1.8 months of supply and 29% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 58% of U.S. ZIP codes, and #397 of 601 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Freeland housing market right now
In the three months ending August 31, 2026, 29% of homes in Freeland, PA 18224 sold above their list price, the typical home went under contract in 31 days and there were 1.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 29 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 15%, homes sold faster (43 days then) and the median sale price rose 6% to $207,910. Overall, Freeland is more competitive than a year ago, so tougher for buyers.
Within Luzerne County, homes here sell more slowly than in 74% of the county’s ZIP codes, and sell less often over asking than in 52%. On our competition score, Freeland ranks #397 of 601 PA ZIP codes with enough sales (score 56 out of 100).
Nearby, buyers who want less competition could look at Bear Creek 18602 (0% sold over asking) or Weston 18256 (0% sold over asking), while Shickshinny 18655 (75% sold over asking) and Pittston 18641 (55% sold over asking) are even more competitive.
Run the numbers for 18224
Nearby markets
Bear Creek 18602Buyer’s market $251 /sq ftConyngham 18219 — /sq ftDallas 18612Seller’s market $178 /sq ftDrifton 18221 $108 /sq ft Browse all markets →Towns like Freeland nearby
Find towns like Freeland in other states →Where Freeland is
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Questions about Freeland real estate
Is Freeland a buyer’s or seller’s market?
A seller’s market: there were 1.8 months of supply in Freeland, PA 18224 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Freeland?
The typical home went under contract in 31 days in the latest three months.
Do homes in Freeland sell over asking?
29% of homes sold above their original list price, and the typical sale closed at 96.6% of the list price.
What are property taxes in Freeland?
About 1.45% of a home’s value a year in Luzerne County, or roughly $5,800 on a $400,000 home.
What is the median home price in Freeland?
The median sale price was $207,910 in the three months ending August 31, 2026, about $94 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology